FINANCIALS & ECONOMY

The Group posted record half-year results with 14% revenue growth while advancing a majority stake acquisition in Greece and launching a new investment project in Kazakhstan.

The higher margin was mainly due to lower quality-related costs and better absorption of plant expenses as production volumes increased.

Livestock imports surged by 25% in 2025 following the suspension of duties and taxes.

This data is based on statistics shared by 12 IFFO members, accounting for 40% of global fishmeal production and 50% of fish oil output.

The long-running competitive process, which began in 2024, is nearing its conclusion, with DSM expected to retain a stake in the business.

Aquaculture production surpasses 192,000 tons; Saudi seafood exports reach US$350 million.

This number signals rising investor interest in a sector that is now gaining a lot of interest.

Feed revenue rose significantly to SAR 6.29 million (US$1.68 million), a 13% year-on-year increase.

Unusual biological conditions in Norway, including shifts in feeding patterns and salmon biomass development, negatively affected salmon feed demand.

Analysts projected the company’s fiscal 2026 revenues to reach about US$1.46 billion, a 4.4% year-on-year increase,